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Business & Finance

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ScottishPower Renewables to Fund Wind Turbine Technician Training Course Development
Business & Finance

ScottishPower Renewables to Fund Wind Turbine Technician Training Course Development

ScottishPower Renewables is to help fund courses at Dumfries and Galloway College and Ayr College that will allow students to gain industry recognised qualifications and help them on their way to becoming wind turbine technicians. The company’s funding and support will aid the introduction of course

about 14 years ago
UK: ROVOP Invests in New Jobs and ROVs
Business & Finance

UK: ROVOP Invests in New Jobs and ROVs

Rapidly growing and award winning energy services firm ROVOP is to create around 60 jobs to accompany the purchase of five remotely operated vehicles (ROVs). The Aberdeen-based subsea specialist will invest around £15million over the next 18 months in the workclass hydraulic machines, supplied by FM

about 14 years ago
UK: Maritime Craft Services Takes Delivery of 2nd OWSV, Orders Three More
Business & Finance

UK: Maritime Craft Services Takes Delivery of 2nd OWSV, Orders Three More

A well-established Scottish maritime company has taken delivery of a second Twin Axe Design offshore wind farm support vessel. MCS Pampero, sister vessel to MCS Sirocco which joined the fleet in June, was handed over to Maritime Craft Services in Singapore and will go straight to work in NW Europe f

about 14 years ago
Germany: SüdWestStrom Gives Up on BARD Offshore 1 Wind Farm
Business & Finance

Germany: SüdWestStrom Gives Up on BARD Offshore 1 Wind Farm

SüdWestStrom Windpark GmbH &Co. KG is not buying the 400 MW offshore wind farm BARD Offshore 1. Delays in the completion of the wind farm and the modified risk assessment of offshore wind farms have led to a decision that the holding company SüdWestStrom Windpark GmbH &Co. KG and the project company

about 14 years ago
Germany: Windreich Secures EUR 500 Million for North Sea Wind Farm MEG 1
Business & Finance

Germany: Windreich Secures EUR 500 Million for North Sea Wind Farm MEG 1

After a one-year detailed consideration, a confirmation has been given for EUR 500 million to serve for financing Windreich AG’s MEG 1 project. The Deutsch Bank will team up with other banks to approve additional investments of over EUR 1 billion, therefore, just EUR 100 million will be needed for p

about 14 years ago
UK: Senergy Strengthens Its Management Teams with Two New Appointments
Business & Finance

UK: Senergy Strengthens Its Management Teams with Two New Appointments

Global leading energy services company Senergy has strengthened its alternative energy and power engineering teams with two senior appointments. The company, which provides fully-integrated project and asset development services across the energy industry, has appointed Dick Hall to the position of

about 14 years ago
UAE: Lamprell Releases Interim Management Statement
Business & Finance

UAE: Lamprell Releases Interim Management Statement

Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, issues its latest Interim Management Statement in accordance with the EU Transparency Directive, which also provides a trading update in light of th

about 14 years ago
Denmark: Vestas Could Sell Shares to Payout Their Debt
Business & Finance

Denmark: Vestas Could Sell Shares to Payout Their Debt

The world’s largest wind turbine maker, Vestas, plans to sell shares to boost its finances. Daniel Patterson, an SEB analyst, said to Bloomberg: “The cash flow guidance is a mess.” Earlier this year, Vestas announced that they will reduce their workforce to about 16,000 from 22,721 as a measure of c

about 14 years ago
AREVA Signs MoU for Its Factory in Scotland
Business & Finance

AREVA Signs MoU for Its Factory in Scotland

On the occasion of Mr. Alex Salmond, Scottish First Minister’s, visit to Paris, the AREVA group and Scottish Enterprise, signed a Memorandum of Understanding (MoU) on industrial site development for the manufacture of wind turbines in East Scotland. The MoU is a step towards establishing an AREVA fa

about 14 years ago
China: Ming Yang Announces Q3 Results
Business & Finance

China: Ming Yang Announces Q3 Results

China Ming Yang Wind Power Group Limited (Ming Yang), a leading wind turbine manufacturer in China, has announced its unaudited financial results for the third quarter ended September 30, 2012. Chuanwei Zhang, Chairman and Chief Executive Officer of Ming Yang commented: “Our financial performance in

about 14 years ago
UK: Fluor Receives Adverse Decision Regarding Greater Gabbard Offshore Wind Farm
Business & Finance

UK: Fluor Receives Adverse Decision Regarding Greater Gabbard Offshore Wind Farm

Fluor announced that the company received an adverse decision from an arbitration panel regarding its claims for additional compensation related to the Greater Gabbard Offshore Wind Farm Project. Through its claims, the company sought to recover compensation for schedule and cost impacts arising fro

about 14 years ago
Germany: TenneT Seeks Subsea Cable Contractor
Business & Finance

Germany: TenneT Seeks Subsea Cable Contractor

TenneT Offshore GmbH is seeking contractors for manufacturing, supply and installation of AC submarine cables, including fibre optics. Subsea cabling will be done in the region of the cluster SylWin, designed for a transmission capacity of up to 300 MW per wind farm and a power level of about 155 kV

about 14 years ago
China: Ming Yang Announces Change of Board of Directors
Business & Finance

China: Ming Yang Announces Change of Board of Directors

China Ming Yang Wind Power Group Limited (Ming Yang), a leading wind turbine manufacturer in China, today announced that, effective November 16, 2012, Mr. Xian Wang has resigned as a member of the Company’s board of directors, for personal reasons. Mr. Wang has been a member of the board of director

about 14 years ago
UK: Centrica Releases Interim Management Statement
Business & Finance

UK: Centrica Releases Interim Management Statement

Centrica expects to deliver year on year earnings growth in 2012 in line with market expectations, subject to the usual variables of weather and commodity prices, in a continuing weak economic environment. Average UK residential gas consumption for the first ten months of 2012 was 9% higher than for

about 14 years ago
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